The Fintech Times

JANUARY 12, 2025

Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). per cent equity in the fintech firm.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Acquirers Multi-Currency 59

The Fintech Times

JANUARY 8, 2025

The Monetary Authority of Singapore (MAS) has grantedChina-based B2B cross-border trade payment platform, XTransfer , a Major Payment Institution (MPI) licence, enabling it to provide a range of money transfer services in the region.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payment Solutions Security 59

Fintech Review

NOVEMBER 20, 2024

In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Multi-Currency FinTech 115

The Fintech Times

FEBRUARY 26, 2024

With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market. However, CBDCs will not be the silver bullet to developing and accelerating cross-border payments.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Digital Currency Central Bank 145

Fintech News

DECEMBER 10, 2023

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.

Cross-Border Payments 125

Cross-Border Payments Cross-Border SWIFT Fed 125

Fintech News

DECEMBER 6, 2023

Singapore and China have agreed to collaborate on a pilot programme that uses the e-CNY, China’s central bank digital currency (CBDC), for cross-border transactions. This programme is designed to ease payments for travelers from both countries during their overseas visits.

Cross-Border Payments 141

Cross-Border Payments Cross-Border CBDC Payments 141

Fintech News

SEPTEMBER 10, 2024

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. This partnership enables tourists to use familiar payment methods while being abroad.

Cross-Border Payments 109

Cross-Border Payments Cross-Border APACS Interoperability 109

Fintech News

AUGUST 7, 2024

Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong has reiterated the Monetary Authority of Singapore’s (MAS) ongoing efforts to combat cross-border payments scams. The post MAS Reiterates Robust Controls on Cross-Border Payments to Combat Scams appeared first on Fintech Singapore.

Cross-Border Payments 109

Cross-Border Payments Cross-Border Scams Transaction Limits 109

The Fintech Times

JULY 4, 2025

With firms spending roughly $120billion (S$154.2billion) on cross-border transaction fees, alternatives are being sought after. According to a new report from the Project Guardian FX industry group, implementing tokenised bank liabilities and shared ledgers in cross-border payments and FX is a viable solution.

Interoperability 87

Interoperability Cross-Border Cross-Border Payments Settlement 87

Fintech News

JULY 3, 2024

The ambitious initiative is targeting to transform cross-border payments in Southeast Asia (ASEAN) initially, before the broader Asia Pacific (APAC) region and, eventually, the world. Nexus is designed to standardise the way domestic payment systems connect with each other across borders.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Instant Payments Central Bank 117

Payments Dive

JUNE 20, 2025

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Tensec raises $12M to boost growth Meanwhile, other cross-border payment firms have raised millions in recent weeks to bolster their international expansion.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Privacy Settlement 88

Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. OPAL, a neobank startup, has been steadily growing in the financial hub of Singapore since its inception in 2019.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Payment APIs and Integration Payments 117

Fintech News

MAY 7, 2024

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.

Cross-Border Payments 113

Cross-Border Payments Cross-Border Payment APIs and Integration APACS 113

The Payments Association

OCTOBER 24, 2024

Cross-border payments are transforming rapidly with evolving regulations and technological advancements. Addressing regulatory compliance Businesses, including EMD Agents, face a challenge in cross-border transactions: complying with anti-money laundering (AML) and know-your-customer (KYC) regulations.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Regulatory Compliance Fraud Detection 88

The Fintech Times

FEBRUARY 5, 2024

Within the research , Juniper Research found instant payments will revolutionise B2B payments by enabling cheaper and more secure cross-border trade. They will reach 42 per cent of all cross-border payments by 2028, at $16trillion; up from just 17 per cent in 2024, at $5trillion.

Cross-Border Payments 119

Cross-Border Payments Cross-Border ISO 20022 Research 119

PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. These shortcomings make the cross-border payment industry ripe for disruption and innovation.

Cross-Border Payments 92

Cross-Border Payments Cross-Border Blockchain Distributed Ledger Technology (DLT) 92

Fintech News

MARCH 23, 2025

BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle , has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. Banking Circle is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.

Cross-Border Payments 76

Cross-Border Payments Cross-Border Multi-Currency Payments 76

Fintech News

JANUARY 26, 2025

Emerging trends such as cross-border payment systems and open banking initiatives are breaking down traditional barriers, fostering greater connectivity and efficiency in Asias financial landscape. This initiative demonstrates the growing focus on regional collaboration in the payments sector. billion in 2022 to 96.2

Payments Trends 127

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 127

Fintech Finance

MARCH 24, 2025

(BC Payments Singapore) has received the In-Principle Approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This IPA marks a significant milestone for BC Payments Singapore.

Payments Institute 89

Payments Institute Cross-Border Payments Cross-Border Security 89

Fintech Finance

APRIL 8, 2025

PayFuture Group , a rapidly growing payment provider specialising in emerging markets, has secured an Electronic Money Institution ( EMI ) license by the Malta Financial Services Authority (MFSA) under the entity PayFuture FS MT Ltd. PayFuture ).

Cross-Border 89

Cross-Border Alternative Payment Methods Cross-Border Payments IBAN 89

Finextra

JUNE 20, 2025

DLocal, the leader cross-border payment platform specializing in emerging markets, proudly announces the obtaining of three pivotal licenses and authorizations.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Authorization Payments 59

Fintech News

FEBRUARY 19, 2024

In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.

Cross-Border 117

Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 117

NFCW

DECEMBER 19, 2023

Chinese visitors will soon be able to use digital yuan for “tourist spending” in Singapore as part of a pilot to test the use of China’s central bank digital currency (CBDC) for cross-border payments. China and Singapore to launch cross-border digital yuan pilot was written by Tom Phillips and published by NFCW.

Cross-Border 126

Cross-Border Cross-Border Payments CBDC Digital Currency 126

The Fintech Times

NOVEMBER 6, 2024

“For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Fintech News

APRIL 2, 2025

A consortium of central banks has formally established Nexus Global Payments (NGP) in Singapore to manage a new multilateral cross-border payment system. NGP, incorporated as a non-profit company limited by guarantee, will oversee the operationalisation of the Nexus scheme.

Global Payments 106

Global Payments Cross-Border Payments Central Bank Cross-Border 106

The Fintech Times

MARCH 6, 2024

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). Currencycloud expects to successively roll out its new services in the coming months, to complement its suite of offerings aimed at cutting friction in traditional cross-border money movement.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Facilitators Multi-Currency 97

Fintech News

DECEMBER 22, 2024

The year saw nearly universal adoption of cashless payments and milestones in cross-border payment linkage initiatives, notably through Project Nexus. Cross border payments and digital advances in Singapore Singapore has made advancements in digital payments and emerging challenges in cross-border interoperability.

FinTech 113

FinTech Cross-Border Payments Cross-Border Money Laundering 113

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76

The Payments Association

JUNE 3, 2025

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

Fintech Finance

DECEMBER 9, 2024

We are committed to advance inclusive growth through AI-powered innovation and collaboration on cross-border travel, trade, commerce and inclusive finance. Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions.

Embedded Finance 98

Embedded Finance Cross-Border Cross-Border Settlement Finance 98

Fintech News

FEBRUARY 11, 2025

The Monetary Authority of Singapore ( MAS ) and the Association of Banks in Singapore ( ABS ) have announced plans to establish a new entity to oversee Singapores national payment schemes.

Cross-Border Payments 94

Cross-Border Payments Cross-Border Payments Authorization 94

Fintech News

DECEMBER 10, 2023

The central banks of Vietnam and Cambodia officially launched a cross-border QR payment linkage between the two neighbours on December 3, 2023, at a launching ceremony in Cambodia’s Siem Reap province. The post Vietnam and Cambodia Unveil Cross-Border QR Payment Connectivity appeared first on Fintech Singapore.

Cross-Border 120

Cross-Border Cross-Border Payments Central Bank Payments 120

Fintech Finance

FEBRUARY 13, 2025

dLocal , a leading cross-border payment platform, and AZA Finance , a prominent fintech company specializing in payments and foreign exchange in Africa, have entered into a strategic partnership that expands the service offering capabilities of both partners through mutual cross selling.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Finance Financial Inclusion 59

The Fintech Times

JULY 1, 2024

The Bank for International Settlements (BIS) has completed a comprehensive blueprint for the third phase of Project Nexus, enabling ready participants to work towards the next stage of seamlessly connecting their instant payment systems (IPSs). Digital payments have quickly evolved to send money from person to person in a matter of seconds.

Cross-Border Payments 78

Cross-Border Payments Cross-Border Central Bank Instant Payments 78

PYMNTS

AUGUST 7, 2020

Global travel may be down, and border restrictions remain in-place, but that doesn’t mean cross-border payment volumes have taken a hit. For card issuers, there is the competitive advantage of a more favorable payments experience for customers which will drive more top-of-wallet usage for cross-border transacting.

Cross-Border 120

Cross-Border Issuers Cross-Border Payments On-Demand 120

The Payments Association

JANUARY 16, 2025

Clear Junction , a global leader in cross-border payments for regulated financial institutions, has revealed a significant gap in the preparedness of payment industry leaders to navigate the complexities of the Markets in Crypto-Assets Regulation (MiCA) regulation, which is now in effect across the EU.

Compliance 88

Compliance Cross-Border Payments Cross-Border Stablecoins 88

Fintech News

JUNE 25, 2025

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced the incorporation of a new entity, Singapore Payments Network (SPaN), to oversee the administration and governance of the country’s national payment schemes.

Cross-Border Payments 89

Cross-Border Payments Cross-Border Non-Bank Payments 89